{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T16:05:05-04:00", "answer_date": "2024-05-26 16:05:05", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1747783", "url": "\/study-help\/questions\/your-companys-beginning-inventory-was-55000-the-ending-inventory-is-1747783", "question_creation_date_js": "2024-05-26T16:05:05-04:00", "question_creation_date": "May 26, 2024 04:05 PM", "meta_title": "[Solved] Your company's beginning inventory was $5 | SolutionInn", "meta_description": "Answer of - Your company's beginning inventory was $55,000. The ending inventory is $65,000. Merchandise purchases for the current | SolutionInn", "meta_keywords": "company,s,beginning,inventory,$55,000,ending,$65,000,merchandise,purchases,current,year,$260,000", "question_title_h1": " Your company's beginning inventory was $55,000. The ending inventory is $65,000. Merchandise purchases for the current year are $260,000. Freight in costs are $6,000.", "question_title": " Your company's beginning inventory was $55,000. The ending inventory is $65,000.", "question_title_for_js_snippet": "Your company's beginning inventory was $55,000 The ending inventory is $65,000 Merchandise purchases for the current year are $260,000 Freight in costs are $6,000 There were $2,000 in cash discounts and $7,000 of purchases returns What are the net purchases What is the COGS ", "question_description": "\"image", "transcribed_text": "Your company's beginning inventory was $55,000. The ending inventory is $65,000. Merchandise purchases for the current year are $260,000. Freight in costs are $6,000. There were $2,000 in cash discounts and $7,000 of purchases returns. What are the net purchases? What is the COGS?", "related_book": { "title": "Fundamental financial accounting concepts", "isbn": "978-007802536, 9780077648831, 0078025362, 77648838, 978-0078025365", "edition": "8th edition", "authors": "Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/264.jpg", "uri": "\/textbooks\/fundamental-financial-accounting-concepts-8th-edition-264", "see_more_uri": "" }, "free_related_book": { "isbn": "0470575387", "uri": "\/textbooks\/not-for-profit-accounting-tax-and-reporting-requirements-4th-edition-978-0470575383-119815", "name": "Not For Profit Accounting Tax And Reporting Requirements", "edition": "4th Edition" }, "question_posted": "2024-05-26 16:05:05", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-operations-manager-of-a-company-that-produces-frozen-dinners", "description": "The operations manager of a company that produces frozen dinners had received numerous complaints from supermarkets about the companys Chick-n-Gravy dinners. 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